dollarization of the economy

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• dollarization — dol‧lar‧i‧za‧tion [ˌdɒləraɪˈzeɪʆn ǁ ˌdɑːlərə ] also dollarisation noun [uncountable] ECONOMICS 1. when people in countries outside the US prefer to use the dollar, rather than their country s own currency: • High inflation has led many Russians… …   Financial and business terms

• Dollarization — Worldwide use of the U.S. dollar and the euro:   United States …   Wikipedia

• Dollarization: Is It Worth It? — ▪ 2002 Introduction by Guillermo A. Calvo       By mid 2001 a number of Latin American countries had officially adopted the U.S. dollar as their currency. Ecuador replaced its sucre with the dollar in September 2000. On Jan. 1, 2001, El Salvador… …   Universalium

• Dollarization — A situation where the citizens of a country officially or unofficially use a foreign country s currency as legal tender for conducting transactions. The main reason for dollarization is because of greater stability in the value of the foreign… …   Investment dictionary

• Economy of Lebanon — Infobox Economy country = Lebanon width = 290px currency = Lebanese pound (LBP) year = calendar year organs = GCC, WTO, GAFTA, EFTA and others.. rank = NA gdp = $42.27 billion (2007 est.) growth = 4% (2007 est.) per capita = $11,300 (2007 est.)… …   Wikipedia

• dollarization — or dollarisation noun 1》 the process of aligning a country s currency with the US dollar. 2》 the dominating effect of the US on a country s economy …   English new terms dictionary

• Domestic liability dollarization — (DLD) refers to the denomination of banking system deposits and lending in a currency other than that of the country in which they are held. It is important to note that DLD does not refer exclusively to denomination in US dollars, as DLD… …   Wikipedia

• Ecuador — <p></p> <p></p> Introduction ::Ecuador <p></p> Background: <p></p> What is now Ecuador formed part of the northern Inca Empire until the Spanish conquest in 1533. Quito became a seat of Spanish… …   The World Factbook

• Economic history of Turkey — This article details the economic history of the Republic of Turkey. Ataturk Period, 1923 1938At the time of the collapse of the Ottoman Empire (see Economy of the Ottoman Empire) during World War I, the Turkish economy was underdeveloped:… …   Wikipedia

• Paraguay — Paraguayan, adj., n. /par euh gwuy , gway /; Sp. /pah rddah gwuy /, n. 1. a republic in central South America between Bolivia, Brazil, and Argentina. 5,651,634; 157,047 sq. mi. (406,750 sq. km). Cap.: Asunción. 2. a river in central South America …   Universalium

• Liberia — This article is about the country in Africa. For the city, see Liberia, Costa Rica. Republic of Liberia …   Wikipedia